Based on Markov analysis,this paper presents a recursive algorithm to compute probabilities under stable states and derives the approximate expression for order-based backorders.

The article,to the supply chain system with a single supplier and multiple buyers,involving supplier s lead time as a decision variable,replacing cost in short supply with the level in short supply,studies the year s minimum total cost of the inventory decision model for a supply chain contract based on the level constraints in short supply,and has solved the difficult problem in the practice.

Comparison of determination approaches of reorder level in a continuous replenishment strategy;